Answer:The Interstate Commerce Act of 1887 is a United States federal law that was designed to regulate the railroad industry, particularly its monopolistic practices. The Act required that railroad rates be "reasonable and just," but did not empower the government to fix specific rates.
Long title: An act to regulate commerce
Enacted by: the 49th United States Congress
Effective: April 7, 1887
Public law: Pub.L. 49–104
Answer:
Approved on February 4, 1887 the Interstate Commerce Act created an Interstate Commerce Commission to oversee the conduct of the railroad industry. With this act the railroads became the first industry subject to Federal regulation.
